TRUST STRUCTURE ORGANISATION STRUCTURE Asset Management Investment Investor Relations Sustainability Finance • Audit and Risk Committee1 • Executive Committee • Nominating and Remuneration Committee Chief Executive Officer Management services TRUSTEE DBS Trustee Limited TRUSTEEMANAGER CapitaLand Ascott Business Trust Management Pte. Ltd. Net profit / dividends Trustee fees Trustee fees and management fees Management fees Acts on behalf of holders of the CapitaLand Ascott REIT units Acts on behalf of holders of the CapitaLand Ascott BT units and provides management services Ownership of assets / shares Distributions Holdings of Stapled Securities Stapling deed CapitaLand Ascott Trust (CLAS) is a stapled group comprising CapitaLand Ascott Real Estate Investment Trust (CapitaLand Ascott REIT), a real estate investment trust, and CapitaLand Ascott Business Trust (CapitaLand Ascott BT), a business trust, with the following structure: MANAGER CapitaLand Ascott Trust Management Limited 1 The Audit Committee was renamed the Audit and Risk Committee with effect from 1 January 2024. 6 CAPITALAND ASCOTT TRUST
RkJQdWJsaXNoZXIy NTkwNzg=